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South Carolina Powerball Jackpot Annuity Payout Schedule for Feb 21, 2026

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The tax information provided here is based on 2026 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Powerball annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $190,300,000 for a ticket purchased in South Carolina, including taxes withheld.

Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year.  They are not intended to specify the exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their money, as well as deductions claimed.

State:

South Carolina

Drawing Date:Sat, Feb 21, 2026
Jackpot:$190,300,000
Federal Tax:37% marginal rate
State Tax: 5.21%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,864,288$1,015,744$149,229$1,699,315
2$3,007,503$1,068,733$156,691$1,782,078
3$3,157,878$1,124,372$164,525$1,868,980
4$3,315,772$1,182,793$172,752$1,960,227
5$3,481,560$1,244,134$181,389$2,056,036
6$3,655,638$1,308,543$190,459$2,156,636
7$3,838,420$1,376,173$199,982$2,262,266
8$4,030,341$1,447,183$209,981$2,373,177
9$4,231,858$1,521,745$220,480$2,489,634
10$4,443,451$1,600,034$231,504$2,611,913
11$4,665,624$1,682,238$243,079$2,740,307
12$4,898,905$1,768,552$255,233$2,875,120
13$5,143,850$1,859,182$267,995$3,016,674
14$5,401,042$1,954,343$281,394$3,165,305
15$5,671,095$2,054,262$295,464$3,321,368
16$5,954,649$2,159,178$310,237$3,485,235
17$6,252,382$2,269,338$325,749$3,657,294
18$6,565,001$2,385,008$342,037$3,837,957
19$6,893,251$2,506,460$359,138$4,027,652
20$7,237,913$2,633,985$377,095$4,226,833
21$7,599,809$2,767,887$395,950$4,435,972
22$7,979,799$2,908,483$415,748$4,655,569
23$8,378,789$3,056,109$436,535$4,886,145
24$8,797,729$3,211,117$458,362$5,128,250
25$9,237,615$3,373,875$481,280$5,382,461
26$9,699,496$3,544,771$505,344$5,649,382
27$10,184,471$3,724,212$530,611$5,929,649
28$10,693,694$3,912,624$557,141$6,223,929
29$11,228,379$4,110,458$584,999$6,532,923
30$11,789,798$4,318,183$614,248$6,857,367
Total$190,300,000$69,089,719$9,914,631$111,295,654

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Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.